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There are many reasons why belonging to the credit union movement is so special. Unlike others operating in the financial services industry, credit unions are cooperative organizations. They exist to serve their members and communities, but also one another. The power in our network lies in our uncanny ability to persevere and work with one another to put People Helping People above all else—especially in challenging circumstances.
Two weeks ago, our friends at Community CU experienced flooding at their Lewiston location. A severe rainstorm caused significant damage to their building, forcing operations there to close. Because this branch sees significant walk-in traffic, re-opening it in some capacity was Community’s top priority. Making that happen quickly, however, wasn’t easy.
Fortunately, this problem wasn’t Community’s alone to solve. Credit unions across the state sprang into action to help their colleagues get back up and running. In addition to providing Shared Branching, credit unions offered resources and provided critical office supplies. Community’s vendors delivered vital assistance as well. In just a couple days, the branch found a new, temporary home utilizing Changing Seasons FCU’s mobile banking RV and was open for business!
“This has been a humbling experience; we greatly appreciate all the support we’ve received from credit unions around the state,” shared Jennifer Hogan, President/CEO at Community CU. “We’re also incredibly grateful for our dependable network of credit union vendor partners that helped us get up and running so quickly to serve our community.”
When credit unions come together, there is truly no limit to the meaningful difference they can make—whether that’s positively impacting a member, their community, or another credit union in Maine’s small but mighty movement.